Frequently Asked Questions
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Satellite City Phase-1
Raghurajnagar, Satna, Madhyapradesh
SHRI SAI DEVELOPERS
SATELLITE CITY PHASE-1 is an ongoing residential project located in the serene locality of Raghurajnagar, Satna, Madhya Pradesh. This project is designed to offer a harmonious blend of modern living and natural beauty, making it an ideal choice for families and individuals looking for a peaceful yet connected lifestyle. The project spans a significant area, providing ample space for residential plots that cater to diverse needs.
The project is strategically located, ensuring easy access to essential amenities such as schools, hospitals, and shopping centers. Residents will enjoy the benefits of living in a well-planned community with green spaces and recreational areas, promoting a healthy and active lifestyle.
SATELLITE CITY PHASE-1 emphasizes sustainable living with features that include rainwater harvesting systems and energy-efficient designs. The project is committed to providing a safe and secure environment for its residents, with comprehensive fire safety measures in place.
Investing in SATELLITE CITY PHASE-1 not only offers a chance to own a piece of land in a developing area but also promises a future of growth and appreciation in property value. With the project expected to be completed by the end of 2024, it is an opportune time for potential buyers to secure their place in this promising development.
What is SATELLITE CITY PHASE-1?
SATELLITE CITY PHASE-1 is an ongoing residential project located in Raghurajnagar, Satna, Madhya Pradesh, offering residential plots in a well-planned community.
What are the key features of the project?
The project features residential plots, green spaces, recreational areas, and a focus on sustainable living with rainwater harvesting systems and energy-efficient designs.
Where is the project located?
The project is located in Raghurajnagar, Satna, Madhya Pradesh, providing easy access to schools, hospitals, and shopping centers.
What are the nearby amenities?
Nearby amenities include schools, hospitals, and shopping centers, ensuring a convenient lifestyle for residents.
Is this a good investment opportunity?
Yes, investing in SATELLITE CITY PHASE-1 offers a chance to own land in a developing area with potential for growth and appreciation in property value.
Basic Information
- Price Range:
- Property Type: Residential Plot
- Flat Type:
- Project Status: Under Construction
Project Details
- Possession Date: Quarter 4 2024
- Project Span:
- No of Towers:
- Total No of Units: 180+
- Total Floors:
- Project Density:
Location & Builder
- Project Name: Satellite City Phase-1
- Address: Raghurajnagar, Satna, Madhya Pradesh, Mp
- Sector: Others
- Locality: Raghurajnagar
- City: Satna, Madhyapradesh
- Builder: SHRI SAI DEVELOPERS
RERA Authority
RERA Registration Number
P-STN-18-1614
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SHRI SAI DEVELOPERS
- No of Complaints: Not Available
- States (Active in): Chhattisgarh, Gujarat, Madhya Pradesh
Overview of Shri Sai Developers
Shri Sai Developers is a construction entity that operates across several states in India, namely Madhya Pradesh, Chhattisgarh, and Gujarat. Established with the aim to deliver quality housing solutions, the builder has encountered a total of six complaints over time, of which they successfully resolved four cases but lost two. This article aims to dissect these legal battles to unearth insights related to the builder's practices and behaviors.
Legal Case Details
Cases Won vs. Cases Lost
- Total Complaints Filed: 6
- Cases Won: 4
- Cases Lost: 2
Breakdown of Legal Cases
- Cases against Shri Sai Developers that they lost: 2 cases
- In both instances, the builder claimed ignorance of the law, specifically stating that there was no intention to violate the RERA Act. However, the authorities determined that the builder had indeed violated provisions by failing to submit requisite quarterly reports and delay in applications for extensions. Each case led to a penalty of Rs. 1,00,000 imposed on the builder. - Cases filed against the builder that were dismissed: 4 cases
- Here, various complaints were brought forward, including issues of unregistered properties and disputes regarding the builder's partnership. However, in each instance, the authority dismissed the claims, citing lack of evidence, with some cases being closed due to the absence of action required from the developer.
Patterns and Common Factors
Common Factors in Lost Cases
- Lack of Legal Awareness: The builder consistently claimed unawareness of legal obligations under the RERA Act, leading to penalties for failure to comply with procedural requirements.
- Repeated Fines: Both cases resulted in a direct financial penalty for the builder, demonstrating a recurring issue with adherence to regulatory frameworks.
Common Factors in Won Cases
- Dismissals due to Insufficient Evidence: The cases that the builder won were primarily based on inadequate proof from the complainants. This suggests that when disputes arise from misunderstandings or lack of documentation, the builder … Read more
